Upscale Restaurant in the Heart of NWA

Asking Price$897,000

Cash Flow
$274,375
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,898,532

Inventory$20,000
Not included in asking price
FF&E$338,000
Included in asking price
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Upscale Restaurant in the Heart of NWA


Asking Price$897,000

Cash Flow
$274,375
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,898,532

Inventory$20,000
Not included in asking price
FF&E$338,000
Included in asking price
Business Description
This is a well-known iconic restaurant in NWA in a premier location. The business is meticulously cared for, you will find in like-new condition. This restaurant draws an affluent and corporate crowd that is not as easily impacted by inflation or economic conditions.

The current owner spends only a few hours a week on the business. With split priorites and a full-plate, the owner is not able to realize the full potential. A new owner/operator or experienced restaurant group could take this business to new heights.

This business is turnkey and humming along profitably. Come take over this unique opportunity and start your restaurant dream today or grow your existing restaurant empire with an iconic NWA brand.
About the Business
Years in Operation
2
Number of Employees
20
Facilities & Assets
Professionaly and authentically designed upscale restaurant in a popular niche. This location has it all, private room, patio space. It is a great spot for happy hour, a special occasion or for a corporate event. The equipment is high quality and expertly maintained and cared for. The facilities are in like new condition. This is 100% turnkey ready for the next owner to take it to new heights.
Market Outlook / Competition
While restaurants are aplenty, restaurants of this caliber in this type of location are few and far between. This is truly a unique opportunity to own a premier restaurant that will attract an affluent clientele.
Opportunities for Growth
The business has the ability to do more business in the currently location and has done more business in the past. The current owner has too many split priorities preventing full focus on this business. A singular owner/operator could take this business to new heights.
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Split priorities and multiple business opportunities.
Transition Support
The business is currently manged by a GM and chef. Training will be offered by the the GM, owner and chef in any capacity needed for a successful and smooth transition to a new owner. The owner currently invests very little time, a few hours weekly, into the business.
Listing Info
ID
2383849
Listing Views
584

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Business Listed by: Brian TOConnell

Listing ID: 2383849 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.